maturity date

[ muh-choor-i-tee deyt, -toor-, -tyoor-, -chur- ]

noun

, Finance

1. the date on which a financial instrument, as a bond or loan, expires and becomes due:

   The applicant requested an extension of his loan for an additional term of three years from its maturity date.

   Bonds pay interest to investors from the date of issue up until their maturity date.

Word History and Origins

Origin of maturity date¹

First recorded in 1970–75

Example Sentences

Bonds have maturity dates, which means you can cash them in and get your principal back.

From Salon

The broker-dealer executive said the process was cumbersome because maturity dates subsumed several other calculations about the value of the security.

From Reuters

T-bills do not pay regular interest payments because their maturity dates are very short.

From Reuters

Dar did not give the new maturity date or other terms of the arrangement.

From Reuters

Accounting rules allow the latter to be valued at cost, because it’s understood that once they reach their maturity dates they’ll be worth the price paid, plus interest.

From Los Angeles Times